https://sg.finance.yahoo.com/news/catalonia-apos-leader-apos-declare-051800633.html
This is definitely not good news for Europe because it will set an example for others to follow. Scotland has been trying to break away from UK and will want to follow Catalonia.
Ireland, France and Italy will also face increased pressures from separatists in their own countries.
Wednesday, October 4, 2017
Tuesday, October 3, 2017
China will be replacing WIFI with LIFI soon.
http://en.people.cn/n3/2017/1003/c202936-9276460.html
Wifi will be outdated soon and wifi chips in computers, routers and mobile phones will become obsolete.
China has achieved another breakthrough in technology and everyone will be using LIFI soon.
Wifi will be outdated soon and wifi chips in computers, routers and mobile phones will become obsolete.
China has achieved another breakthrough in technology and everyone will be using LIFI soon.
Kevin Warsh is slated to replace Janet Yellen as FED Chair.
https://www.cnbc.com/2017/10/02/fed-chair-favorite-warsh-believes-central-bank-is-slave-of-the-sp.html?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=104746283&yptr=yahoo
This man is more hawkish than Janet Yellen and he will want to end the QE much faster than Yellen as he sees that FED is being held hostage by the stock market.
This man is more hawkish than Janet Yellen and he will want to end the QE much faster than Yellen as he sees that FED is being held hostage by the stock market.
USA gunman fired a machine gun at the crowd below the Mandalay Hotel.
https://www.nytimes.com/2017/10/02/us/las-vegas-shooting.html
This is definitely an act of terrorism. The white man was shooting from the 32nd floor of Mandalay Hotel. He mounted his machine gun in the hotel room and fired at the crowd below. Up till date, about 59 died in this shooting craze.
This is definitely an act of terrorism. The white man was shooting from the 32nd floor of Mandalay Hotel. He mounted his machine gun in the hotel room and fired at the crowd below. Up till date, about 59 died in this shooting craze.
Spain police attacked referendum voters!
Apple is reporting bad sales for Iphone 8 and 8 plus in China, HK and India.
http://indianexpress.com/article/technology/iphone-8/lack-of-innovation-high-prices-discouraging-people-from-buying-iphones-4870685/
https://www.cnet.com/news/china-no-crowds-apple-stores-iphone-8-launch/
Some analysts attribute the poor sales to the upcoming Iphone X sales launch. If the Iphone X sales launch is also bad, Apple and its suppliers' stock prices will fall again.
https://www.cnet.com/news/china-no-crowds-apple-stores-iphone-8-launch/
Some analysts attribute the poor sales to the upcoming Iphone X sales launch. If the Iphone X sales launch is also bad, Apple and its suppliers' stock prices will fall again.
Monday, October 2, 2017
The Chinese who hated China would always emigrate to the USA.
https://www.nytimes.com/2017/10/01/business/facebook-china-guo-wengui.html?mcubz=3
This is the same with Amos Yee who hates Singapore. All these people will take up the USA citizenships and badmouth their own countries of origin when they're no longer in their birthplaces.
Therefore, not all Chinese Americans are pro-China and most of them are not China spies.
This is the same with Amos Yee who hates Singapore. All these people will take up the USA citizenships and badmouth their own countries of origin when they're no longer in their birthplaces.
Therefore, not all Chinese Americans are pro-China and most of them are not China spies.
Spain is breaking up.
http://www.marketwatch.com/story/catalonia-leader-with-90-approval-we-have-the-right-to-be-independent-2017-10-01?siteid=yhoof2&yptr=yahoo
This comes after Iraq break-up. This Spain break-up doesn't bode well for Europe because Spain is not doing well now and will become weaker. Catalonia constitutes 10% of Spain's population but 20% of Spain's economy. Spain will drag Europe down.
This comes after Iraq break-up. This Spain break-up doesn't bode well for Europe because Spain is not doing well now and will become weaker. Catalonia constitutes 10% of Spain's population but 20% of Spain's economy. Spain will drag Europe down.
Sunday, October 1, 2017
Bad Iphone sales launch in China.
Saturday, September 30, 2017
The same F1 event but different views and outcomes.
http://www.todayonline.com/singapore/singapore-f1-deal-extended-another-four-years
Singapore has extended F1 for another 4 years. Singapore government sees an economic value in the F1 event because it has a multiplier effect on SG such as boosting the hotel, retail and F&B businesses.
http://www.thestar.com.my/business/business-news/2017/09/30/malaysia-does-not-want-to-host-formula-one-even-if-it-was-given-free/
However, Malaysia doesn't want to host F1 despite having a proper race track. Malaysian government sees no entertainment value in the F1 event because there is no consumer gratification in sitting down to watch the F1 and also a huge cost involved in organising it.
Who is right? and What is right? Economic vs Entertainment value!
Singapore has extended F1 for another 4 years. Singapore government sees an economic value in the F1 event because it has a multiplier effect on SG such as boosting the hotel, retail and F&B businesses.
http://www.thestar.com.my/business/business-news/2017/09/30/malaysia-does-not-want-to-host-formula-one-even-if-it-was-given-free/
However, Malaysia doesn't want to host F1 despite having a proper race track. Malaysian government sees no entertainment value in the F1 event because there is no consumer gratification in sitting down to watch the F1 and also a huge cost involved in organising it.
Who is right? and What is right? Economic vs Entertainment value!
China's manufacturing and services are growing well.
http://abcnews.go.com/International/wireStory/official-survey-china-factory-activity-rises-year-high-50193525
China official PMI rose to 52.4 in September compared to 51.7 in August. 50 is the dividing line between growth and contraction.
However, the private Caixin PMI slipped to 51 from 51.6 but it was still showing growth albeit diminishing growth.
The non-manufacturing or services index rose to 55.4 in September from 53.4 in August.
These indexes show that China economic growth is stable and growing gradually.
China official PMI rose to 52.4 in September compared to 51.7 in August. 50 is the dividing line between growth and contraction.
However, the private Caixin PMI slipped to 51 from 51.6 but it was still showing growth albeit diminishing growth.
The non-manufacturing or services index rose to 55.4 in September from 53.4 in August.
These indexes show that China economic growth is stable and growing gradually.
South Korea bans initial coin offering (ICO) after China.
https://finance.yahoo.com/news/south-korea-bans-forms-initial-025033448.html
SK has joined China in banning ICOs.
Bitcoin or virtual currency is a flawed concept.
http://sg-stock.blogspot.sg/2017/08/death-knell-for-virtual-currency-is.html
When this virtual currency scam is over, many people will be burnt heavily. Sigh!
SK has joined China in banning ICOs.
Bitcoin or virtual currency is a flawed concept.
http://sg-stock.blogspot.sg/2017/08/death-knell-for-virtual-currency-is.html
When this virtual currency scam is over, many people will be burnt heavily. Sigh!
Baltic dry index - 1356
Today, Friday, September 29 2017, the Baltic Dry Index decreased by 35 points, reaching 1356 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.
==========================
Related stocks: Sembcorp Marine, Cosco & Pan Ocean.
US rig count - 940
The number of rigs exploring for oil and natural gas in the U.S. increased by five this week to 940.
That's up from the 522 rigs that were active a year ago.
Houston oilfield services company Baker Hughes said Friday that 750 rigs sought oil and 189 explored for natural gas this week. One was listed as miscellaneous.
Among major oil- and gas-producing states, Utah gained four rigs and Louisiana increased by two. New Mexico and North Dakota each gained one.
Oklahoma lost three rigs and Texas shed two.
Alaska, Arkansas, California, Colorado, Ohio, Pennsylvania, West Virginia and Wyoming were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May of 2016 at 404.
==========================
Related stocks: Keppel Corp, Sembcorp Marine & Cosco.
North Korea radar is no longer working due to shortage of electricity.
http://english.yonhapnews.co.kr/news/2017/09/26/0200000000AEN20170926005251315.html
NK had no military action against US bomber flight recently.
The lack of energy is really thwarting NK's defence system. Therefore, the USA doesn't need to use F35 against NK as the situation in NK is getting dire without oil imports.
NK had no military action against US bomber flight recently.
The lack of energy is really thwarting NK's defence system. Therefore, the USA doesn't need to use F35 against NK as the situation in NK is getting dire without oil imports.
Another bad news for Iphone 8.
https://finance.yahoo.com/news/two-iphone-8-battery-incidents-already-reported-don-162021486.html
Iphone 8 battery is defective and will swell up to crack the Iphone.
Buyers beware!
Iphone 8 battery is defective and will swell up to crack the Iphone.
Buyers beware!
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